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By:Steffen Elkiær Andersen
Published on 2016-11-01 by Springer
This book explores the formation and evolution of Scandinavian central banks. It begins by defining the nature of “central banking” in general, before moving on to investigate how and when it became meaningful to regard today’s Scandinavian central banks as such. It also explores how Scandinavian central banks have conformed to the defined ideals of “central banks” over the last 100 years, clarifying the distinctions between commercial banks and central banks, and between central banks and departments of governments. The author shows how the outbreak of the Great War was the catalyst which fundamentally transformed the originally purely commercial banks into “central banks”. The book also analyses how different the three Scandinavian central banks are, how these differences can be explained by the different political and economic circumstances surrounding their original formation, and the differences in the political environments in which they later developed.
This Book was ranked at 7 by Google Books for keyword Scandinavian.
Book ID of The Origins and Nature of Scandinavian Central Banking's Books is mt1sDQAAQBAJ, Book which was written bySteffen Elkiær Andersenhave ETAG "Xo5A7AuHsos"
Book which was published by Springer since 2016-11-01 have ISBNs, ISBN 13 Code is 9783319397504 and ISBN 10 Code is 3319397508
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Book which have "237 Pages" is Printed at BOOK under CategoryBusiness and Economics
Book was written in en
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